Watersports Suits Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2030


Posted February 21, 2024 by mansi3210

Watersports suits market is anticipated to grow at a CAGR of 5.3% during the forecast period.

 
Watersports suits market is anticipated to grow at a CAGR of 5.3% during the forecast period. The global watersports suit market growth is driven by the factors such as the rising inclination of people towards numerous watersports activities which include wakeboarding, water skiing, scuba diving, and rising sports tournaments and recreational activities globally. Moreover, these suits are gaining immense popularity owing to their diversified applications in sea rescue and other commercial operations, which in turn drive market growth. The rising adoption of modern materials and technologies, including polytherm tri-laminate material and no-stitch technology in watersports suits design and manufacturing, is expected to impel market growth. 

Snorkeling and scuba diving are becoming an integral part of recreational activities, particularly among adventure and soft sports enthusiasts. Due to this, watersports suit manufacturers are investing in R&D to enhance the overall consumer experience. Apart from these, many government bodies globally are promoting watersports in their regions to increase tourism revenue and to motivate people towards an active lifestyle. Growing urbanization and financial boost in overall household income globally have enabled people to increase their spending on luxury sports and services thereby offering significant opportunities for industry growth.

The watersports suits market has registered a decline in growth during the COVID-19 pandemic. The pandemic led to the closure of all outdoor activities to curb the spreading of the virus among people by avoiding gatherings. This has affected the overall production of watersports suits and significantly impacted sales of wetsuits across all continents. Moreover, most of the recreational activities, major international sports, and tournaments had been postponed by the sports academics which hampered the overall production of the product at the time of the pandemic. 

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Watersports Suits Market Segmentation

By Type

Wetsuits
Life Jackets
Swimwears
Drysuits
Others

By Application

Scuba Diving
Surfing
Kayaking
Others

By Raw Material

Polystyrene
Rubber Neoprene
Foamed Neoprene

A full Report of Watersports Suits Market is Available @  https://www.omrglobal.com/industry-reports/watersports-suits-market

Regional Analysis

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles           

Aquanaut India 
Bare Sportswear Corp. 
Body Glove
Cressi-Sub S.p.A.
Gaastra Sportswear (Star Collections B.V.)
Gill Marine American, Inc. 
HOIMO Co., Ltd.
JMJ Manufacture, Inc.   
Jobe Sports International (Sport & Recreatie Den Bol B.V.)
Magic Marine (North Actionsports B.V.)
Marinepool
Pommec B.V.
Pro-Limit (Kubus Sports B.V.)
Typhoon International, Ltd.
TWF International, Ltd.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Issued By MANSI
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Categories Business , Sports
Last Updated February 21, 2024